Vodafone India will soon buy You Broadband, a cabled Internet company for around Rs 400 crore, said two people familiar with talks. The companies have been in talks for the last three months, and documents are now being drawn up to finalize the acquisition, said a third person. The acquisition is relevant as it will increase Vodafone’s competitiveness in high data consuming cities against Mukesh Ambani’s Reliance Jio Infocomm, which is expected to launch commercial operations later t .. Read more at: http://economictimes.indiatimes.com/articleshow/50598944.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Source: Economic TimesVodafone likely to buy YOU Broadband for Rs 400 crore
Industry: Telecom 2016-01-18
